The U.S. Chamber of Commerce unveiled a new report that underscores the milestones of Saudi Vision 2030 and details the contributions of over 50 American member firms.

The report comes as the U.S. and Saudi Arabia deepen their economic ties under Vision 2030, a sweeping reform plan launched in 2016 to diversify the kingdom's economy.

The publication, which outlines priorities for the next phase amid the expanding opportunities created by the Saudi-U.S. partnership, opens with a foreword by Steve Lutes, Vice President for Middle East Affairs at the U.S. Chamber of Commerce.

U.S. Chamber report highlights Vision 2030 achievements and U.S. business contributions

Lutes noted that U.S. businesses have been fueling Saudi development for many years through capital, technology transfers, and know-how.

He noted that the partnership has expanded to include the energy, manufacturing, finance, digital technology, artificial intelligence, sports, tourism, and infrastructure sectors, adding that the relationship between the two countries extends beyond commercial transactions to focus on transformation and innovation.

Lutes also reaffirmed the chamber's commitment to strengthening trade ties that support innovation and promote sustainable and inclusive growth in both countries.

U.S. Chamber report highlights Vision 2030 achievements and U.S. business contributions

In a recorded video message, Saudi Ambassador to the United States Princess Reema bint Bandar reviewed the milestones achieved by Saudi Vision 2030 in its tenth year.

She pointed out that non-oil sectors now represent over half of Saudi GDP, with unemployment dropping from 12% to 6.4% in Q1 2026 and homeownership climbing from 47% to 66%.

She also highlighted that Saudi Arabia welcomed 123 million tourists last year, surpassing its target of 100 million visitors ahead of schedule.

U.S. Chamber report highlights Vision 2030 achievements and U.S. business contributions

While expressing her appreciation to the chamber, Princess Reema emphasized that the participation of more than 50 U.S. companies in the publication reflects their contributions to developing new industries, advancing education and healthcare, training young people, and investing in projects.

The chamber is leading the initiative through its U.S.-Saudi Business Program, which is dedicated to strengthening bilateral trade and investment relations, connecting American companies with emerging opportunities in the Kingdom, and representing the interests of its members across a range of sectors.

The publication reflects the growing integration of U.S. firms in Saudi Arabia’s transformation, spanning energy, technology, and tourism. With non-oil GDP now exceeding half the economy, the partnership is poised to expand further. Princess Reema’s remarks underscore Saudi Arabia’s ambition to attract foreign investment and build new industries.